All of the Following Shift the Short-Run Aggregate Supply Curve

question 226

Multiple Choice

All of the following shift the short-run aggregate supply curve EXCEPT

• A) a change in the money wage rate.
• B) a change in the price of a raw material.
• C) technological progress.
• D) a change in the price level.

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Definitions:

Budgeted Sales

Forecasted sales revenue for a future period, based on market analysis, historical data, and sales targets.

Target Profit

The amount of profit a company aims to achieve for a specific period.

Unit Sales

The total number of individual units sold.

Net Operating Income

The total profit of a company after operating expenses are subtracted from operating revenues, but before taxes and interest are deducted.